US firm General Atlantic buys UK's Learning Technologies Group for £802.4 million, a 34% premium.

US private equity firm General Atlantic will acquire UK's Learning Technologies Group (LTG) for £802.4 million, capitalizing on the growing need for corporate training in the age of AI. LTG provides tools like mobile apps and video content for corporate learning but has faced challenges due to the rapid evolution of AI and cost-cutting measures. The deal offers LTG shareholders a 34% premium, and it is part of a larger trend of M&A activity in the UK.

4 months ago
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